Slack files to go public, reports $138.9M in losses on revenue of $400.6M

Slack has filed to go public via a direct listing. Similar to what Spotify did last year, this means that the company won’t have a traditional IPO, and will instead allow existing shareholders to sell their stock to investors. The company’s S-1 filing says it plans to make $100 million worth of shares available, but … Read moreSlack files to go public, reports $138.9M in losses on revenue of $400.6M

AWS expands cloud infrastructure offerings with new AMD EPYC-powered T3a instances

Amazon is always looking for ways to increase the options it offers developers in AWS, and to that end, today it announced a bunch of new AMD EPYC-powered T3a instances. These were originally announced at the end of last year at re:Invent, AWS’s annual customer conference. Today’s announcement is about making these chips generally available. … Read moreAWS expands cloud infrastructure offerings with new AMD EPYC-powered T3a instances

Alphabet’s Wing gets FAA permission to start delivering by drone

Wing Aviation, the drone-based delivery startup born out of Google’s X labs, has received the first FAA certification in the country for commercial carriage of goods. It might not be long before you’re getting your burritos sent par avion. The company has been performing tests for years, making thousands of flights and supervised deliveries to … Read moreAlphabet’s Wing gets FAA permission to start delivering by drone

Holded, the ‘business operating system’ for SMEs, gets €6M in Series A funding led by Lakestar

Holded, the Barcelona-based startup that offers a SaaS to help SMEs with a range of business tasks, has raised €6 million in Series A funding. The round is led by Lakestar, with previous backers Nauta Capital and Seedrocket 4Founders Capital following on. Founded in 2016 by Bernat Ripoll and Javi Fondevila, Holded describes itself as … Read moreHolded, the ‘business operating system’ for SMEs, gets €6M in Series A funding led by Lakestar

Amazon expands partnership with retail company Casino Group in France

Casino Group and Amazon announced that they’re expanding their partnership in France. In particular, there will be Amazon lockers in 1,000 supermarkets and smaller grocery stores across France. Casino Group partnered with Amazon last year to launch Monoprix on Amazon Prime Now. Prime members in Paris can order groceries and other products you’d regularly find … Read moreAmazon expands partnership with retail company Casino Group in France

Corporations and private investors are backing new ‘green’ deals as climate worries mount

In the nine years since private equity and venture capital investments into sustainable technologies last crossed the $6 billion threshold, the problems caused by global carbon emissions have only intensified. Now, as the world confronts the reality that there’s not much time left to reverse course on carbon emissions and the impact they will have … Read moreCorporations and private investors are backing new ‘green’ deals as climate worries mount

Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia

It’s been a tricky past few years for HappyFresh, the startup seeking to bring Instacart-like grocery deliveries to Southeast Asia. It’s been through a series of rebuilding measures, but there’s light at the end of the tunnel after it announced a $20 million Series C. Launched in 2015, HappyFresh quickly raised $12 million to expand … Read moreResurgent HappyFresh raises $20M for its online grocery service in Southeast Asia